In an effort to round out its Net properties, Internet holding company CMGI scoops up Internet service provider 1stUp and plans a public offering for AltaVista.

"[AltaVista] will be an important driver of traffic for our properties."

- Deidre Moore, a spokeswoman for CMGI

AltaVista to climb new heights with IPOupdate
AltaVista will finally get a chance to follow its Web portal rivals onto Wall Street with a public stock offering early next year, the site's new owners said.

CMGI to acquire free ISP 1stUpupdate
The Internet holding company agrees to buy free Internet service wholesaler
1stUp.com, in a move that solidifies its moves toward creating a
full-service Web access and content powerhouse.